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Australia’s best performing stock this year, is the mineral sand miner Iluka Resources which has seen shares jump nearly five-fold in the past 17 months. Iluka Resources is a mining company involved in the mining and processing of titanium based and zircon products. The company was formed in July 1998, in a merger between Westralian Sands and the titanium mineral business of Renison Goldfields Consolidated. Iluka Resources mines heavy mineral s...

Political chaos and riots across Greece stoked fear today, of a massive overhaul within the current Greek government as well as ousting the incumbent Prime Minister George Papandreou. This chain of political events stems from the exact economic policies and key measures which have been set in place to combat the financial crisis of 2008-2009 and the credit crunch of 2007-2008, which brought the entire world to its knees.
We ...

Believe it or not, but platinum and palladium are the most widely used of the six platinum metal groups by consumers and manufacturers in today’s economy. Many short-term investors, speculators, and institutional day traders do not take it upon themselves to thoroughly understand where the actual industrial and consumer use of platinum and palladium takes its place in our societies around the globe, as these well-known precious metals groups are especially valued in the manufacturing world for their catalytic functions, their conductivity, and their res...

China’s exports of rare-earth metals in the first five months of 2011, fell 8.8% year-on-year as prices of rare earth minerals more than doubled in the past two weeks as tightening measures in China weigh on mining, production, and exports according to market researcher Industrial Minerals.
Exports of the metals, which are used in technology applications ranging from music players to missile systems, fell to 23,742 metric tons in the January to May period, customs data supplied by Hong Kong-based Economic Information & Agency showed Tuesday. T...

(New York Times) - Somehow the American economy appears to be getting better, even as the rest of the world is looking worse.
In the midst of the European debt crisis, lingering instability in the oil-rich Middle East and concerns about a Chinese economic slowdown, the American unemploymen...

(AP) - The shock waves from the collapse of commodities trading firm MF Global Inc. are hitting hard across rural America, where farmers, ranchers and agricultural business owners are nervously waiting to learn how much money they've lost.
Many of the farmers who traded with MF Global, ...

(Reuters) - British Prime Minister David Cameron threatened on Friday to obstruct a Franco-German drive for swift change to the European Union's treaty, a sign of the difficulty leaders will face transforming Europe to save the euro.
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(The Telegraph) - Russia’s central election commission last night said United Russia was leading the elections with 49.9 per cent of the vote with just under 70 per cent of precincts reporting.
Such a result, it would mean Mr Puti...

(New York Times) - An unapologetic and defiant Herman Cain suspended his presidential campaign on Saturday, pledging that he “would not go away” even as he abandoned the Republican presidential race in the face of escalating accusations of sexual miscon...

(ProPublica) - Rep. Bill Pascrell, D-N.J., took to the House floor on Thursday to denounce flaws in the military’s cognitive testing program and garner support to fix it following a ProPublica and NPR ...

(Reuters) - Iran warned the West on Sunday any move to block its oil exports would more than double crude prices with devastating consequences on a fragile global economy.
"As soon as such an issue is raised seriously the oil price would soar to above $250 a barrel," Foreign Ministry spoke...

(Bloomberg) - China can’t use its $3.2 trillion in foreign exchange reserves to “rescue” European nations and the country “has done its part” to help the region deal with its financial crisis, Vice Foreign Minister Fu Ying said.
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(Proactive Investors UK) - The price of gold rose sharply this week with the yellow metal adding over US$60 per ounce due to a decline in the US dollar against other major currencies that followed Wednesday’s announcement of coordinated a...

NEW YORK (Associated Press) — An early rally fizzled on the stock market Friday but still left the Standard & Poor’s 500 index up 7.4 percent for the week, its biggest gain since March 2009.
A surprise drop in the U.S. unemployment rate sent sto...

(Mashable Tech) - Facebook is expanding its engineering operations to the East Coast of the U.S. with a new engineering office in New York City, the company announced Friday.
The office will open early next year, according to a statement issued by the company. Applications are now being ac...

(Tech Crunch) - The sheer number of new startups forming and getting funded these days is dizzying. It’s never been easier to start a company to harness new technologies and turn them into products. Traditional venture capital may not even be able to keep up with it. We are at the beginn...

(Washington Post/Capital Business) - Citing irreconcilable differences, Bethesda-based Eagle Bancorp and Alliance Bankshares of Chantilly have called off their merger, barely five months after announcing the union.
Neither side would discuss the particulars of the breakup, citing a confide...

(The Telegraph) - The Bank has told City firms that it is considering changing the way performance is measured to prevent bankers being rewarded for making investments that bring short-term gain but are laden with risk.
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